Truist Financial Corp Has $3.21 Million Stock Position in Simplify MBS ETF $MTBA

Truist Financial Corp trimmed its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 52.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,454 shares of the company’s stock after selling 71,717 shares during the period. Truist Financial Corp owned 0.23% of Simplify MBS ETF worth $3,209,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. PFG Investments LLC grew its position in Simplify MBS ETF by 3.9% during the first quarter. PFG Investments LLC now owns 6,665 shares of the company’s stock worth $334,000 after buying an additional 248 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Simplify MBS ETF by 37.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,245 shares of the company’s stock valued at $62,000 after purchasing an additional 336 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Simplify MBS ETF by 3.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 10,760 shares of the company’s stock valued at $540,000 after purchasing an additional 342 shares during the last quarter. Farther Finance Advisors LLC increased its position in Simplify MBS ETF by 59.8% in the second quarter. Farther Finance Advisors LLC now owns 1,162 shares of the company’s stock worth $58,000 after purchasing an additional 435 shares during the period. Finally, Cambridge Advisors Inc. raised its position in shares of Simplify MBS ETF by 3.1% during the 2nd quarter. Cambridge Advisors Inc. now owns 16,409 shares of the company’s stock valued at $822,000 after acquiring an additional 488 shares during the last quarter.

Simplify MBS ETF Trading Up 0.0%

Shares of Simplify MBS ETF stock opened at $50.47 on Friday. The firm has a fifty day moving average of $50.38 and a two-hundred day moving average of $50.02. Simplify MBS ETF has a 52 week low of $49.10 and a 52 week high of $51.07.

Simplify MBS ETF Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS.